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Bank of Canada Rate Decision Tomorrow: What Every Canadian Needs to Know Before June 10

Current Rate 2.25% Held since Oct 2025 Expected Decision HOLD 34/34 economists Announcement 9:45 AM Wed, June 10 (ET) Prime Rate 4.45% Most major lenders On Wednesday morning, June 10, the Bank of Canada will announce its interest rate decision at 9:45 AM ET — and for Canadians with a mortgage, a variable-rate loan, or a renewal coming up, the decision is just two days away. Governor Tiff Macklem will follow with a press conference at 10:30 AM. The short answer: expect no change. But the full picture is considerably more complicated — and the Bank's tone tomorrow could signal whether rate hikes are quietly creeping back onto the table. The Consensus: A Hold, Full Stop The economist community is remarkably united heading into this decision. In a Reuters poll conducted June 2–5, all 34 economists surveyed predicted the Bank would leave its overnight rate at 2.25%. More than 80% said it would stay there for the rest of 2026. "Under normal circumstances, today's sagging econom...
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Hezbollah Attacks Israeli Military Sites with Rockets and Drones

 

Lebanon’s Hezbollah has escalated hostilities on Lebanon’s southern border by launching rockets and weaponized drones at nine Israeli military sites. This coordinated attack comes in retaliation for an Israeli strike that killed a senior Hezbollah field commander. The group fired volleys of Katyusha and Falaq rockets at six Israeli military locations, with more than 100 rockets fired simultaneously. Additionally, Hezbollah launched attack drones at Israel’s northern command, an intelligence headquarters, and a military barracks. This drone attack, involving at least 30 drones, marks the group’s largest to date in the ongoing conflict. Tensions between Hezbollah and Israel have intensified since the eruption of the Gaza war in October, with both sides trading fire. Thursday’s attack is a direct response to the killing of the Hezbollah commander and follows at least eight previous retaliatory attacks on Wednesday.


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